Today marks Equal Pay Day and an opportunity to take a closer look as the wage disparities between the genders. The bottom line: the wage gap is real and it is persistent.
The American Association of University Women (AAUW) released a new state-by-state report on equal pay rankings, along with an interactive map that shows wage disparities in each state. How does your state rate? Some of the rankings may surprise you.
Overall the wage gap is the narrowest in Washington D.C., where women earn 91 cents on the dollar to men and worst in Wyoming where women make just 64 percent of men’s earnings. As expected, the numbers get worse when you account for race. African American and Hispanic women earn much less–just 70 percent and 61 percent of what white men on average earn. Nationally women earn just 77 percent of their male peers.
This discrepancy in pay costs working women and their families tens of thousands of dollars a year. It directly impacts women’s retirement security and ability to save for emergencies and college and it reinforces an outdated and offensive world view that women’s work is simply not of the same value as men’s.
Photo from bfishadow via flickr.